Corporate tax rates should be tiered depending on how many American vs Foreign workers a company

[dkf]

Employs plus the disparity in pay from top to bottom.

I imagine this would help out smaller companies enormously.

Also we do need to consider tarriffs for those countries that have unfair trade agreements.

[iamjoy]

1. Well, There's One Problem

SO, let's say I'm manufacturing puzzles. I have a factory that employs 500 people in the US - that's 100% of my workforce. I decide the puzzles can be produced more cheaply overseas. Now, I don't open the factory in China, but I contract with a company in China to make the puzzles and slap my company name on them. I fire 475 people when the factory closes (the remaining 25 are admin, accounting, etc). SO, I still have 100% of my employees in the US.

Overall, I think you have a good idea and I have thought the same thing myself, but you can be darn sure if we did try something like this companies would find loopholes and our elected representatives would be complicit because they know who they are really accountable to.

[DuckBurp]

2. So, we hit you with a heavy tariff ...

when you bring the puzzles into the US.

[dkf]

4. Yes tariffs would be needed to prevent loopholes.

China is using tax policy to increase Chinese manufacturing. We are the stooges who let them have all the advantages. They will eat our lunch.

I should have added tariffs for imports for multinational or American firms who are trying to open a loophole.

[annm4peace]

3. Microsoft, Intel, Chevron, and other Oil Companies

they have more Foreign borrowers than US citizens.

[ctaylors6]

5. One other issue

What would you do about US companies that have overseas operations in which they manufacture and sell their product overseas. The company would lose money making something here then shipping it overseas. So they open a plant overseas then sell the product locally. That company would most likely employ most of the manufacturing force from local sources, maybe have some expats in management, but would need some workers back in the US related to its foreign operations (eg planning).
To be clear, I'm not talking about foreign manufacture of products that are then exported back to the US. I'm talking about product made overseas then sold locally overseas (eg ketchup, bottling, etc - things that don't make sense to ship huge distances).
This is also one of the issues that comes up with foreign taxes.

[dkf]

6. Well if they want to repatriate those funds they would be better off with American workers.

We just have to incentivize American workers in every way possible.

If a company is mostly American run with American workers and pretty egalitarian I have no problem with a minimal tax rate on these companies as they create taxes through their workers. And we can still tax dividends and capital gains once it hits shareholders.